Building Project Details
CHA is providing project monitoring on behalf of Northwestern Mutual Life Insurance Company on Malden Center, Malden Massachusetts. This $150 million, 548,505 square foot mixed use project includes three buildings:
- Five story, 250 unit apartment building on two story parking podium,
- Mixed use 6 story building, including 70 apartment units over 23,364 square feet of ground floor retail, and
- Five story 55,217 square foot office building (core and shell only).
CHA’s services on this project include
Conducts one or more reviews of the design documents to ensure that they are consistent with the agreed upon program, that they are complete and internally consistent and that they are constructible consistent with the project budget and schedule;
Conducts monthly site visits to determine that construction is progressing in accordance with the requirements of the contract documents, that it is progressing according to schedule and that the percentage of work is consistent with what is claimed on the contractor’s requisition for payment;
Reviews the developer’s draw which will include soft and hard costs for entitlement, proper documentation, and accuracy;
Prepares a monthly report based on the site visit and the draw review; and
Identifies for PRIM any significant issues that may impact cost or schedule and offer recommended resolution for each issue.
548,505 square foot